Delsole Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2015	FY 2014	FY 2013	FY 2012	FY 2011
Period Ending	Sep '15 Sep 30, 2015	Mar '15 Mar 31, 2015	Mar '14 Mar 31, 2014	Mar '13 Mar 31, 2013	Mar '12 Mar 31, 2012	Mar '11 Mar 31, 2011
Revenue	16,826	17,010	16,987	16,309	15,999	16,537
Revenue Growth (YoY)	-1.17%	0.14%	4.16%	1.94%	-3.25%	-3.71%
Cost of Revenue	10,424	10,636	10,339	9,352	9,203	9,463
Gross Profit	6,402	6,374	6,648	6,957	6,796	7,074
Selling, General & Admin	5,651	5,714	5,841	6,135	6,000	6,435
Operating Expenses	5,651	5,714	5,841	6,135	6,005	6,451
Operating Income	751	660	807	822	791	623
Interest Expense	-12	-14	-22	-38	-55	-70
Interest & Investment Income	3	5	6	1	1	2
Earnings From Equity Investments	-136	-112	27	-4	-4	-2
Other Non Operating Income (Expenses)	66	59	-8	19	-9	5
EBT Excluding Unusual Items	672	598	810	800	724	558
Gain (Loss) on Sale of Investments	-	-	-	-1	-	8
Gain (Loss) on Sale of Assets	-	-	1	1	-	-
Asset Writedown	-44	-65	-77	-256	-176	-82
Other Unusual Items	-	-1	4	-5	-38	-303
Pretax Income	628	532	738	539	510	181
Income Tax Expense	372	340	339	352	104	38
Earnings From Continuing Operations	256	192	399	187	406	143
Minority Interest in Earnings	-	-	-	-3	8	-
Net Income	256	192	399	184	414	143
Net Income to Common	256	192	399	184	414	143
Net Income Growth	-15.23%	-51.88%	116.85%	-55.56%	189.51%	-61.76%
Shares Outstanding (Basic)	9	8	8	8	8	8
Shares Outstanding (Diluted)	9	8	8	8	8	8
Shares Change (YoY)	5.90%	0.40%	-0.01%	0.61%	2.54%	-0.01%
EPS (Basic)	29.46	23.30	48.62	22.42	50.75	17.97
EPS (Diluted)	29.46	23.30	48.62	22.42	50.75	17.97
EPS Growth	-19.95%	-52.07%	116.87%	-55.83%	182.34%	-61.76%
Free Cash Flow	354	196	226	872	567	500
Free Cash Flow Per Share	40.74	23.79	27.54	106.24	69.50	62.85
Dividend Per Share	10.000	10.000	10.000	10.000	8.000	8.000
Dividend Growth	-	-	-	25.00%	-	-
Gross Margin	38.05%	37.47%	39.14%	42.66%	42.48%	42.78%
Operating Margin	4.46%	3.88%	4.75%	5.04%	4.94%	3.77%
Profit Margin	1.52%	1.13%	2.35%	1.13%	2.59%	0.86%
Free Cash Flow Margin	2.10%	1.15%	1.33%	5.35%	3.54%	3.02%
EBITDA	1,014	911	1,111	1,187	1,102	1,009
EBITDA Margin	6.03%	5.36%	6.54%	7.28%	6.89%	6.10%
D&A For EBITDA	263	251	304	365	311	386
EBIT	751	660	807	822	791	623
EBIT Margin	4.46%	3.88%	4.75%	5.04%	4.94%	3.77%
Effective Tax Rate	59.24%	63.91%	45.93%	65.31%	20.39%	20.99%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.